SEBI’s New Verified UPI Mechanism
Source: IE Context: SEBI has announced a new verified UPI ID system for registered market intermediaries, effective from October 1, 2025, to curb rising cases of cyber fraud and impersonation in securities transactions. About SEBI’s New Verified UPI Mechanism: What It Is? A validated UPI payment framework for SEBI-registered intermediaries featuring exclusive UPI handles ending …